Last week I wrote that police found a $350,000.00 Picasso in Lugo’s apartment which was stolen from a New York hotel. That assertion was based on an AP report. Today, the AP issued a correction. The stolen work that was valued at $350,000.00 was by the French artist Fernand Leger. It was indeed taken from a New York hotel. Police did find another Picasso in Lugo’s Hoboken apartment. It was valued at $30,000.00 and it was taken from a Manhattan gallery.
Forbes provides a helpful list of the stolen art in Lugo’s possession.